Bookcover of Is Stock Price Synchronicity a Measure of Noise or Informativeness
Booktitle:

Is Stock Price Synchronicity a Measure of Noise or Informativeness

Evidence from Audit Pricing Model

LAP LAMBERT Academic Publishing (2015-03-12 )

Books loader

Omni badge eligible for voucher
ISBN-13:

978-3-659-45481-3

ISBN-10:
3659454818
EAN:
9783659454813
Book language:
English
Blurb/Shorttext:
Financial analysts and government regulatory agencies attach great importance to stock markets, which function as a resource-allocation mechanism by incorporating market-wide, industrial-wide and firm-level information into stock prices. The recent melt-down of global financial markets shows that stock markets are highly susceptible to market-wide news. Stock prices go up (down) when good (bad) news hits the market. As a consequence, individual stocks move synchronously or un-synchronously with the stock market as a whole. Stock price synchronicity (SYN) has been a very important topic for a number of prior studies (e.g. Roll, 1988; Morck et al., 2000). It is unclear whether SYN is caused by the noise of stock prices due to market sentiments or more market-wide information incorporated into stock prices.
Publishing house:
LAP LAMBERT Academic Publishing
Website:
https://www.lap-publishing.com/
By (author) :
Xinhua Jim Wang
Number of pages:
72
Published on:
2015-03-12
Stock:
Available
Category:
Law, Occupation, Finances
Price:
39.90 €
Keywords:
Audit fee, Stock price synchronicity, Audit pricing model, Stock price informativeness

Books loader

Newsletter

Adyen::diners Adyen::jcb Adyen::discover Adyen::amex Adyen::mc Adyen::visa Adyen::cup Adyen::unionpay Adyen::paypal Paypal CryptoWallet Wire Transfer

  0 products in the shopping cart
Edit cart
Loading frontend
LOADING